CA FINAL

Paper 7 : DIRECT TAX LAWS AND

INTERNATIONAL TAXATION

CONCEPT
NOTES
[Part I : Direct Tax]
As amended by the Finance
Act, 2021
[Assessment Year 2022-23]

(Relevant for MAY 2022 &

NOV 2022 examination)

These Concept Notes are prepared by CA ATUL AGARWAL (AIR-1). All concepts of CA Final
Direct Tax (Part I : Direct Tax Laws) are covered in 228 pages. Refer these Notes alongwith the
Question Bank and Lectures/Free Revision Videos.
Reach out to us at following for Classes, Mock Tests, Notes and Guidance:-
• Telegram Channel – AIR1CA Guidance & Notes • Youtube – Atul Agarwal
• Android App – AIR1CA Career Institute • Website – air1ca.com
• Call/Whatsapp – 7742554277 • Email – air1icai@gmail.com

Best Wishes… Radhe Radhe!!

 Index

PART I: DIRECT TAX LAWS (70 Marks)

Click Below to
Chapter Name Page No. watch Free
Revision Video
Basic Concepts 1 – 21 Lecture 1
Capital Gains 22 – 43 Lecture 2
Income from Other Sources 44 – 52 Lecture 3
Profits and Gains of Business or Profession 53 – 97 Lecture 4
Clubbing 98 – 101
Set-off and Carry forward of Losses 102 – 109 Lecture 5
Incomes which do not form part of Total Income 110 – 115
Deductions from Gross Total Income 116 – 133 Lecture 6
Taxation of Various Entities
134 – 149 Lecture 7
(AOP, AMT, MAT, Tonnage, Business Trust, Investment Fund)
Charitable Trusts, Political Parties and Electoral Trusts 150 – 162 Lecture 8
Deduction, Collection and Recovery of Tax
163 – 180 Lecture 9
(TDS, TCS, Advance Tax)
Income-tax Authorities & Assessment Procedure 181 – 204 Lecture 10
Appeals and Revision 205 – 210
Dispute Resolution 211 – 212 Lecture 11
Penalties and Prosecution 213 – 219
Miscellaneous Provisions 220 – 228

Scan this QR code to watch Free Revision Lectures

on Youtube for CA Final DT May 22 & Nov 22 Exams

BY CA ATUL AGARWAL (AIR-1)

AIR1CA Career Institute (ACI)
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
Page 13
Page 14
Page 15
Page 16
Page 17
Page 18
Page 19
Page 20
Page 21
Page 22
Page 23
Page 24
Page 25
Page 26
Page 27
Page 28
Page 29
Page 30
Page 31
Page 32
Page 33
Page 34
Page 35
Page 36
Page 37
Page 38
Page 39
Page 40
Page 41
Page 42
Page 43
Page 44
Page 45
Page 46
Page 47
Page 48
Page 49
Page 50
Page 51
Page 52
Page 53
Page 54
Page 55
Page 56
Page 57
Page 58
Page 59
Page 60
Page 61
Page 62
Page 63
Page 64
Page 65
Page 66
Page 67
Page 68
Page 69
Page 70
Page 71
Page 72
Page 73
Page 74
Page 75
Page 76
Page 77
Page 78
Page 79
Page 80
Page 81
Page 82
Page 83
Page 84
Page 85
Page 86
Page 87
Page 88
Page 89
Page 90
Page 91
Page 92
Page 93
Page 94
Page 95
Page 96
Page 97
Page 98
Page 99
Page 100
Page 101
Page 102
Page 103
Page 104
Page 105
Page 106
Page 107
Page 108
Page 109
Page 110
Page 111
Page 112
Page 113
Page 114
Page 115
Page 116
Page 117
Page 118
Page 119
Page 120
Page 121
Page 122
Page 123
Page 124
Page 125
Page 126
Page 127
Page 128
Page 129
Page 130
Page 131
Page 132
Page 133
Page 134
Page 135
Page 136
Page 137
Page 138
Page 139
Page 140
Page 141
Page 142
Page 143
Page 144
Page 145
Page 146
Page 147
Page 148
Page 149
Page 150
Page 151
Page 152
Page 153
Page 154
Page 155
Page 156
Page 157
Page 158
Page 159
Page 160
Page 161
Page 162
Page 163
Page 164
Page 165
Page 166
Page 167
Page 168
Page 169
Page 170
Page 171
Page 172
Page 173
Page 174
Page 175
Page 176
Page 177
Page 178
Page 179
Page 180
Page 181
Page 182
Page 183
Page 184
Page 185
Page 186
Page 187
Page 188
Page 189
Page 190
Page 191
Page 192
Page 193
Page 194
Page 195
Page 196
Page 197
Page 198
Page 199
Page 200
Page 201
Page 202
Page 203
Page 204
Page 205
Page 206
Page 207
Page 208
Page 209
Page 210
Page 211
Page 212
Page 213
Page 214
Page 215
Page 216
Page 217
Page 218
Page 219
Page 220
Page 221
Page 222
Page 223
Page 224
Page 225
Page 226
Page 227
Page 228